There is new news about Ethereum! BlackRock disclosed the seed investor information of Ethereum spot ETF, and it is expected to start trading at the end of June or early July.
Regarding Ethereum, the only negative factor other than the technical aspect is the dumping of Grayscale ETHE. After some hawkish Fed officials spoke out, the expectation of interest rate cuts in the second half of the year generally decreased, with the probability of interest rate cuts in September being about 45% and in November being 60%. However, there are also dovish voices that believe that the frequency of interest rate cuts will be maintained twice within the year. If the data tomorrow night is positive, the probability of interest rate cuts in September will increase. In addition, after Nvidia broke through the historical high, the Super AI Alliance ASI is about to debut, and the three tokens of AGIX, FET and OCEAN will be merged into one, which is expected to lead a new round of AI market outbreak. In this market full of manipulation and aggressive dumping, keeping calm and not getting on and off at will are basic skills for long-term survival. The market has been adjusted for some time, and the mainstream sectors are eager to try. We hope that they can continue to exert their strength instead of being a flash in the pan.
The launch of Ethereum spot ETF will further promote the development of the digital currency market. The birth of the Super AI Alliance will also lead a new round of AI market outbreak. Let's pay attention to market trends and look forward to more good news #BTC